Hold onto your hats, crypto enthusiasts, because the market is buzzing with excitement today! SOL and SUI are strutting their stuff, each climbing over 6% in just one day. These altcoins are flexing their muscles, and it's hard not to be impressed.
Meanwhile, Bitcoin, our trusty market leader, gave us a rollercoaster ride last week. It rocketed up over three grand on Friday, teasing the $85,000 mark before deciding it wasn't quite ready to break that barrier. Since then, it's taken a breather, chilling out around $84,000.
But let's rewind a bit. The week started off on a bumpy note for BTC, as it tumbled from $86,000 over the weekend to $80,000 by Monday. Ouch! It tried to bounce back mid-week thanks to some positive US CPI data but got stopped in its tracks at $84,000. Then, just as we were getting comfortable, Friday brought a wild surge from $82,000 to over $85,000 in just a few hours—talk about volatility!
Now, Bitcoin's sitting pretty at around $84,000, which some analysts believe is a pivotal support zone. Will it gather enough momentum to make a run for $90,000? Only time will tell, but we're on the edge of our seats!
Let's not forget the altcoin squad, where ATOM is stealing the spotlight with a dazzling double-digit leap. SOL and SUI are leading the larger-cap altcoin charge, with SOL cruising past $230 and SUI over $2.35.
Ethereum's holding strong above $1,900, despite some whispers of a potential dip. XRP is making waves, hitting $2.4 after a 4% boost. BNB is flirting with the $600 mark, while DOGE, ADA, and LTC all enjoyed a 3% lift.
Overall, the total crypto market cap has ballooned by about $60 billion since yesterday's dip, now standing tall at $2.840 trillion. It's a wild ride, but isn't that why we love the crypto world? Stay tuned for more thrilling updates, because in this market, anything can happen!
